What To Expect From Ibovespa And The Dollar This Thursday By Investing.com

Written by Jessica Bahia Milo

Investing.com – Markets await new US economic indicators, such as producer prices, while echoing the recent meeting of , which indicated greater concerns about recession risks. In addition, the data from the US and the monthly report from the daily calendar. In China, prices rose 14.8% in March year on year.

In Brazil, attention has turned to President Luiz Inacio Lula da Silva’s trip, in an effort to strengthen relations with the country. Lula participated in the inauguration ceremony of former President Dilma Rousseff at the helm of the BRICS Bank, questioned transactions between countries and visited Huawei’s technology development center, a supplier of 4G and 5G.

At 9:11 am (Brasilia time), the market price was up 0.11% in the primary market. The dollar rose 0.07% to 4.9216 Brazilian reals.

In the US, it increased by 0.10%, 0.06% and 0.01%.

The US benchmark fell 0.28% to $83.03 and fell 0.31% to $87.06.

ADRs for Vale (NYSE:) were flat at $16.24 and Petrobras (NYSE:) was up 0.85%, at $11.85.

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today’s news

Asian markets – e-commerce taxes only affect companies that operate illegally, without paying taxes, assesses Gabriele Gallipolo, executive secretary of the Ministry of Finance.

BNDES – The National Bank for Economic and Social Development (BNDES) wants to change the policy of appointing directors in companies in which it is a shareholder, according to Valor Econômico.

Financial framework – The momentum in the markets in recent days has been driven by President Luiz Inacio Lula da Silva (PT)’s support for the new rule, BTG Pactual (BVMF 🙂 CEO André Esteves said at an event at the financial institution.

Today’s agenda

Roberto Campos Neto – Meetings with G20 Finance Ministers and Central Bank Presidents, with Greg Coffey, Chief Information Officer, and Nuno Camara, Head of Economics and Strategy, Kirkoswald. International Monetary Fund (IMF) meeting, working dinner for central bank chiefs, Economic Advisory Committee (ECC), Bank for International Settlements (BIS), promoted by the Federal Reserve Board of Governors.

Luiz Inácio Lula da Silva – Visit to Huawei R&D Center, meeting with BYD CEO Wang Quanfu, Chairman of the Board of Directors of China Communications Construction Corporation (CCCC), Wang Tongzhou, General Secretary of the Communist Party of Shanghai, Chen Jining and departure to Beijing.

Fernando Haddad – Haddad accompanies the delegation on the Asian giant’s visit.

corporate news

Vale (BVMF 🙂 – Vale reported that it has filed with the US Securities and Exchange Commission (SEC) its Annual Report Form 20-F for the 2022 fiscal year.

Petrobras (BVMF:) – The state-owned company announced that it has finalized the sale of Capixaba North Pole to Seacrest. The organizations asked the federal government not to allow Ibama to drill a well in the Foz Basin of the Amazon River, on the coast of Amapá.

Copasa (BVMF:) – The company expects compliance with the new voluntary separation plan to be 12% of the number of employees.

Light (BVMF:) – The Chief Justice of Rio de Janeiro granted a precautionary measure allowing the temporary suspension of financial liabilities of approximately R$11.1 billion.

Cogna (BVMF:) – After acquiring the shares, BlackRock (NYSE:) now owns 10.111% of the total shares issued by the company.

Inter (BVMF 🙂 – Following the kids account, Inter’s super app launched the Inter You account, focused on teens ages 13-17.

Mercado Livre (NASDAQ:) — Mercado Pago, the company’s financial arm, has announced the launch of a smartphone tool that replaces the physical payment machine, “Point Tap.”

Oi (BVMF:) – The company has been authorized by the court to take emergency financing of US$275 million to strengthen its cash position and ensure continuity of operations.

BRF (BVMF 🙂 – The company announced that poultry production in Turkey is now 100% cage-free, as is already the case in Brazil.

Cyrela (BVMF 🙂 – The construction company showed a 17.7% increase in total sales in the first quarter, compared to the same three months of the previous year.

Lula in China: What does Brazil intend to achieve in the meeting with Xi Jinping? Learn more in the video below: